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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 684.84+0.6%4:00 PM EST

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To: GROUND ZERO™ who wrote (45601)2/7/2013 4:00:50 PM
From: expiredoptions1 Recommendation  Read Replies (2) of 220517
 
RE GZ: I really believe you hit the nail on the head here! It appears everyday in the last half hour that someone steps into the major indexes and buys large volume, even on down days. I know that the Fed has
an account through Goldman that's suppose to be used for large plunges in the markets, thus the term
Plunge Protection Team was created. (Its even in Wiki.) But I am starting to think they are spending about
$1 billion a day, every trading day. It would be easy to hide $250 billion a year when you have a
$3 Trillion balance sheet and are only audited every 2 years.
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